Navigating the Tracks: Opportunities in the Korean Railway Industry

Navigating the Tracks: Opportunities in the Korean Railway Industry

Join our exclusive webinar on the Korean railway industry, where history meets cutting-edge technology. Discover how Korea's railway system, born in 1899 and rebuilt after the Korean War, has evolved into a global powerhouse. Uncover the 3.5 billion USD market opportunity for Swiss rail companies over the next five years, as we delve into projects, partnerships, and the challenges of this dynamic industry.

The Korean rail industry boasts a rich history. Despite setbacks like the Korean War in 1950, the government's determined efforts, aided by US support, successfully rebuilt the rail network. A significant milestone occurred in 2004 with the introduction of high-speed railways, catalyzing market expansion. Today, the industry emphasizes technology development through institutions like the Korea Railroad Research Institute and Hyundai-Rotem. With a projected railway rolling stock market size of 3.5 billion USD for the next five years, it presents a lucrative opportunity for Swiss companies active in the rail industry.

Together with Swissrail Industry Association, we invite you to an insightful webinar where we will provide you with an overview of the Korean rail industry, its main actors, major projects and the challenges & opportunities for Swiss companies. In addition, a Swiss rail company will share their experience & learnings in the Korean rail market. Save your seat now!

This webinar will be recorded and made available to all participants. By registering for the event, you agree to the session being recorded.



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Target audience Swiss & Liechtenstein SMEs active in the rail industry
Организатор Swiss Business Hub Korea / Switzerland Global Enterprise / Swissrail
Язык мероприятия




Cтоимость участия Free of Charge
Срок регистрации
Event partners

Event partners

Swissrail Logo Angst + Pfister AG


Program Points

Welcome remarks by Andreas Haas, Managing Director & CEO Swissrail Industry Association

Introduction to the topic of the day

by Michela Giuliato, Consultant South Korea + Japan at S-GE & Min-Seo Kang, Senior Trade Officer at Swiss Business Hub Korea 

Overview of the Korean Railway Market, its Challenges & Opportunities

by Jaehong Min, Director / Chief Researcher, Planning and Coordination Division, Korea Railroad Research Institute

Case Example: The story & learnings of a Swiss rail company in Korea

Philippe Kirsch, Managing Director Switzerland, Angst + Pfister AG 



Closing Remarks / End of event



Jaehong Min

Jaehong MIN

Director / Chief Researcher, Planning and Coordination Division Korea Railroad Research Institute

Jaehong Min joined the Korea Railroad Research Institute in 1997 after completing his master's degree in Urban Engineering at Hanyang University in Seoul. With over 20 years of experience, he has been dedicated to railway and public transportation planning. He has actively participated in numerous national and urban railway planning projects, with his most recent project being the Masterplan of Daejeon Metro Line 2 (tram) and its operational planning, where he served as the project manager.


Drawing upon his extensive experience, Mr. Min possesses a deep understanding of the international railway and public transportation market. He has gained this insight through his involvement in international railway cooperation projects in Southeast Asia, including Vietnam and Nepal, supported by the Korean government. Additionally, he has contributed to the Research in Mobility Committee of the International Public Transport Association (UITP).


Currently, Mr. Min serves as a working committee member of the Metropolitan Transport Commission and an evaluation committee member of the Public Procurement Service for the Government.

Philippe Kirsch

Philippe Kirsch

CEO, Angst+Pfister Switzerland

Philippe joined Angst+Pfister in 1985 as a product application engineer for Sealing Technology in Geneva, which put him in charge of introducing high-performance elastomer gaskets for critical applications in a range of industries. As he gravitated towards  management and business development, he took the lead as profit center leader and then became sales office leader for French-speaking Switzerland. In 2019 he became Business Unit Leader of Angst+Pfister China and then took over the position as the CEO of Angst+Pfister Switzerland in 2020. 


Philippe Kirsch: “Throughout my various positions, I particularly appreciated participating in the international business development with a large range of technical products of high added value. And above all, direct contact with key customers: understanding customer needs and providing specific solutions that fully meet expect.” 


Angst+Pfister is a leading developer, manufacturer and global supplier of sophisticated component and engineering solutions for more than 20’000 OEM customers in a variety of industries. They pursue the path of technical excellence, innovation and creating value to their customers by continuously measuring and improving the efficiency and quality of their products and processes. 


Angst+Pfister is a people-powered ecosystem. Their customers and suppliers are at the core of everything they do. They strive to build qualified relationships and trusted partners and help their customers find the right solution. Integrity creates trust and as an organization, it is their constant choice to infuse every action they take with honesty, fairness, delivering on their commitments, being agile and adaptive to requirements and our environment.